$MKR
Spot code: MKR
The daily chart presents a bullish pattern of a descending wedge, with significant inflows of protective funds near the support level, and the RSI is in the oversold area. The current range of 1600 to 1500 USD is considered to be an ideal entry price. Considering the current market situation, there is a phenomenon of selling before Christmas in the United States, but typically after the New Year, there will be a return of funds for profit-taking, coupled with Trump's inauguration in January is likely to trigger a significant rise in coin prices. Taking various factors into account, this stage is a good time to bottom out.
The current price of 1610 USD can be directly bought, and if it drops to 1500 USD, then a supplementary buying operation can be performed. It is expected that within a month, the price is likely to reach the first target of 2500 USD.
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